Sunda Energy plc has raised £525,000 through an oversubscribed retail offer of 35 million shares to advance its oil and gas interests in the Asia-Pacific.
Tag: Taranaki Basin – New Zealand
Sunda raises £5m to complete New Zealand acquisition
The £5.03 million raised completes payment of its oil and gas acquisition onshore New Zealand.
Sunda issues 11.7 million new shares
Sunda Energy plc will issue 11,763,447 new ordinary shares of 0.1 pence each, following notice from Alumni Capital Ltd to convert £100,000 of the outstanding drawn-down principal amount of its loan notes, plus a £10,000 finance charge. TVRs The company has additionally granted to Alumni a total of 6,786,604 CLN warrants entitling the holder to […]
Sunda issues 43.8m new shares
Sunda Energy plc has issued 43,824,701 new ordinary shares after converting £500,000 of the outstanding convertible loan notes, plus a £50,000 finance charge, following notice from Alumni Capital Ltd. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.255 pence. Sunda has also granted to Alumni 25,283,481 CLN warrants, […]
Sunda issues 15.4m new shares
Sunda Energy plc will issue 15,426,039 new ordinary shares following notice from Alumni Capital Ltd to convert £250,000 of the balance of its convertible loan note, plus a £25,000 finance charge. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.7827 pence, which is a 15% discount to the […]
Sunda pays initial $1.5m for NZ permits
Sunda Energy plc said it had paid the initial deposit to acquire oil and gas production and exploration permits onshore Taranaki Basin on the west coast of North Island, New Zealand. CONTROL The company paid US$1.5 million to seller Matahio Ventures Pte. Ltd for its subsidiary Matahio Energy NZ Ltd Matahio Energy NZ Ltd, which […]